Whether it’s because of their proven leadership teams looking to shake up the market or their roles in a jaw-dropping transaction, there are several home health providers that stand out among their peers in 2023. And the moves that these companies – new players and established powerhouses alike – make over the next 6-12 months […]
Traditions Health
Traditions Health is a burgeoning home health provider. The company’s footprint is expanding, and all the while, it is figuring out how to best deal with payer diversification, technological innovation and mitigating the effects of Medicare fee-for-service payment rate cuts. Its CEO, David Klementz, had a one-liner that resonated with the crowd at Home Health […]
Top home-based care leaders from across the country gathered at the end of March in Washington, D.C. We got to hear from many of them at Home Health Care News’ Capital + Strategy event last Thursday. While they are advocating for a better regulatory environment – whether in personal home care or home health care […]
Medicare fee-for-service rates are not where home health providers want them to be. That’s forced their hand when negotiating rates with other payer sources. “We are payer agnostic, but we’re payer selective,” Traditions Health CEO David Klementz said Thursday at Home Health Care News’ Capital + Strategy event in Washington, D.C. Traditions Health is a […]
In a sense, home health leaders are entering 2023 with many of the same concerns they came into 2022 with. Additional ones may have been added, but not many have been taken away. Staffing continues to be a pain point in a competitive labor market, and both COVID-19 and inflation are still factors. While these […]
David Klementz left Encompass Health (NYSE: EHC) to become the CEO of Traditions Health in April of last year. Like many others, he saw the future value in delivering care in the home. Since then, he’s helped build one of the fastest-growing home health agencies in the space. The College Station, Texas-based Traditions is a […]
The 2023 home health final payment rule was released Monday. With a positive market-basket update for 2023 but also jarring long-term cuts, it will have ramifications for home health providers for years potentially, barring mitigating legislation or a complete change of course from the Centers for Medicare & Medicaid Services (CMS). But there have been […]
A number of home-based care providers – and businesses in the aging services sector at large – are among some of the nation’s fastest-growing companies. In fact, these companies recently grabbed a spot on Inc. 5000’s annual ranking. Companies such as connectRN, Entrusted Pediatric Home Care, BarbaraKares In-Home Care Services, Connect Pediatrics and Electronic Caregiver […]
Traditions Health announces Serenity Health Management acquisition Traditions Health continues to be acquisitive. The College Station, Texas-based home health and hospice agency announced the acquisition of Serenity Health Management last week, moving it into Kansas for the first time from a home health perspective. Serenity is also a provider of both home health and hospice […]
Fortis Home Health & Hospice acquires Select Home Health Fortis Home Health & Hospice — Grant Avenue Capital’s home-based care buy-and-build initiative — has acquired Select Home Health. The financial terms of the deal were not disclosed. “It did not take long for us to realize that Grant Avenue Capital, alongside Fortis, shared our same […]